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NAFTA

How Trump’s son-in-law helped a $1.2 trillion trade zone stay intact

OTTAWA/WASHINGTON: Robert Lighthizer was the public face of arduous, year-long talks to rework NAFTA, but as he savored a successful conclusion in the White House Rose Garden on Monday, the U.S. trade representative singled out another man as the deal’s architect. “I’ve said before, and I’ll say again, this agreement would not have happened if it wasn’t for Jared,” Lighthizer told reporters. The 70-year-old veteran negotiator was referring to Jared Kushner, more than 30 years his junior and Donald Trump’s son-in-law,…

Unhappy with NAFTA talks, Trump rejects to meet Canada’s Trudeau

WASHINGTON: US President Donald Trump said he rejected Canadian Prime Minister Justin Trudeau’s request for a meeting during the UN General Assembly this week. The US President said as bilateral North American Free Trade Agreement (NAFTA) talks are going poorly and the United States is unhappy with Canada’s negotiators. Trump said he would not accept the meeting with Trudeau “because his tariffs are too high, and he doesn’t seem to want to move and I’ve told him, ‘Forget about it and frankly we’re just thinking about…

How Trump split Mexico and Canada in NAFTA talks

MEXICO CITY: A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from US President Donald Trump. But Trump had something more important on his mind: Would Mexico’s new president consider a bilateral trade deal? Lopez Obrador responded he would be “open to the possibility” in the absence of a trilateral agreement that also included Canada, said Hector Vasconcelos, a foreign policy advisor to Lopez Obrador’s campaign who listened to the call on July 2. Lopez…

Canada’s Trudeau under growing pressure to get NAFTA deal done

OTTAWA: Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal. Foreign Minister Chrystia Freeland will hold fresh talks on the North American Free Trade Agreement with U.S. Trade Representative Robert Lighthizer in Washington on Wednesday as a U.S.-imposed deadline of Oct. 1 looms. The two sides are far apart in some areas and Trudeau says his Liberal government will walk away…

US-Canada NAFTA talks hit roadblocks as they go down to the wire

WASHINGTON: Canada and the United States faced roadblocks as they went down to the wire Friday in talks to salvage the North American Free Trade Agreement, and one may have come from dealmaker-in-chief Donald Trump. With the US deadline to get an agreement by Friday, there were reports the sides were struggling to find compromise on the NAFTA mechanism for resolving trade disputes and on Canada's managed dairy market. And then came reports from the Toronto Star that Trump boasted in an interview that he was playing…

Trump says US might prefer separate trade deals with Canada, Mexico instead of NAFTA

WASHINGTON: U.S. President Donald Trump said on Friday he might prefer to end the North American Free Trade Agreement (NAFTA), which the United States is renegotiating with Canada and Mexico, in favor of two bilateral agreements with its neighbours. “I wouldn’t mind seeing NAFTA where you go by a different name, where you make a separate deal with Canada and a separate deal with Mexico. Because you’re talking about a very different two countries,” Trump told reporters.

Canada increasingly convinced Trump will pull out of NAFTA

LONDON, Ontario: Canada is increasingly convinced that President Donald Trump will soon announce the United States intends to pull out of NAFTA, two government sources said on Wednesday, sending the Canadian and Mexican currencies lower and hurting stocks. The comments cast further doubt on prospects for talks to modernize the trilateral North American Free Trade Agreement (NAFTA), which Trump has repeatedly threatened to abandon unless major changes are made. Officials are due to hold a sixth and penultimate…

Trump says Russia probe will be fair, but timeline unclear: NYT

MIAMI: President Donald Trump said on Thursday he believes he will be fairly treated in a special counsel investigation into Russian meddling in the US presidential election, but said he did not know how long the probe would last. The federal investigation has hung over Trump’s White House since he took office almost a year ago, and some Trump allies have in recent weeks accused the team of Justice Department Special Counsel Robert Mueller of being biased against the Republican president. But in an interview with the…

Trump trade strategy starts with quitting Asia pact: White House

WASHINGTON: The new US administration of President Donald Trump said on Friday its trade strategy to protect American jobs would start with withdrawal from the 12-nation Trans-Pacific Partnership (TPP) trade pact. A White House statement issued soon after Trump's inauguration said the United States would also "crack down on those nations that violate trade agreements and harm American workers in the process." The statement said Trump was committed to renegotiating another trade deal, the North American Free Trade…